Madhabi Puri Buch joined ICICI Bank in 1989 as a Project Finance Analyst and rose through the ranks to become the private lender’s Executive Director after a 20-year career.
MUMBAI: Madhabi Puri Buch, the first woman to be named chairman of the Securities and Exchange Board of India (Sebi), is well-versed in both public and private sector operations.
Because she has spent the majority of her career in the private sector, the ICICI Bank veteran has an advantage over her predecessors in terms of understanding the pulse of the markets. Her four-year experience as a full-time member in charge of the funds divisions and surveillance ensures she understands the priorities of the markets regulator.
She moved to Singapore as the business development head of the private equity firm Greater Pacific Capital LLP for her next appointment and afterward worked as a consultant for Shanghai’s New Development Bank. She is also the founder and director of Agora Advisory Pvt. Ltd. in Singapore.
She became a full-time member of Sebi in April 2017 and left office in October. She was in charge of the divisions that oversee collective investment schemes and investment management, including mutual funds and alternative investment funds.
Industry insiders claim Buch is progressive, not always adhering to needed regulatory processes, and that he was essential in ensuring that the agency took a participatory approach to key policy improvements.
“Her meetings with the industry frequently conveyed the impression that the regulator is listening even as she imposes harsh requirements,” a financial services CEO said.
“Her meetings with the industry frequently conveyed the impression that the regulator is listening even as she imposes harsh requirements,” a financial services CEO said.
She has also served on the boards of Zensar Technologies, InnoVen Capital India Pvt. Ltd, Idea Cellular Ltd, Max Healthcare, and Gabelhorn Investments Pte. Ltd as a non-executive director.
Biography of Madhabi Puri Buch
Buch, who is now employed at the New Development Bank in Shanghai, has been appointed for a three-year term, according to a notification from the Department of Personnel and Training (DoPT). She has been hired at a monthly salary of Rs375,000.
Education and Family in Madhabi Puri Buch
Buch, a management graduate of the Indian Institute of Management (IIM) Ahmedabad, has worked in private banks for almost 20 years in various roles. She is married to Dhaval, the Hindustan Unilever Executive Director, and they have a kid.
Madhabi Puri Buch’s Professional Life
She began her career with ICICI Bank before moving on to ICICI Securities Ltd as managing director and a chief executive officer from February 2009 to May 2011. Buch worked as a consultant for the New Development Bank in Shanghai and as the head of Greater Pacific Capital’s Singapore branch before joining Sebi.
Madhabi Puri Buch’s net worth
Many people are curious about Madhabi Puri Buch’s net worth. As a result, we’d like to dig further into the data. If you’re curious about Madhabi Puri Buch’s net worth, we can tell you that she has a net worth of around $4 million. However, if any of the specifics change, you will receive the most up-to-date information here.
In addition, while she has completed her previous job tasks, she has earned a lot of money. As you may be aware, she served as the Managing Director and Chief Executive Officer of ICICI Bank. Even after he departed to join Greater Pacific Capital LLP in Singapore.
